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20130113
20130121
Search Results 0 to 3 of about 4 (some duplicates have been removed)
this is according to the white house. he's going to be focusing though on the debt ceiling. that will be his opening statement. now, the president has made repeated calls for congress to raise the limit without strings attached. we'll see how it goes. also likely to be mentioned in today's presidential news conference is the administration's push for gun control. today marked one month since the deadly shooting in newtown, connecticut. but vice president joe biden is expected to deliver his recommendations to the president tomorrow is holding one last meeting today with a dozen house democrats. as the gun control discussion takes center stage on capitol hill, the white house is already saying it will put its full force behind those proposals including what could be the toughest fight, the call to revibe the assault weapons ban. >> assault weapon ban is a tough one because it's hard to define what assault weapon is. and if we're just defining it by what it looks like, that doesn't do much for me. >> you think you have enough on capitol hill to keep an assault weapons ban fro
the government running. they only have about 4-6 weeks left before the nation hits the national debt ceiling. republicans are calling for budge cuts in return for raising the debt ceiling, but president obama came out swinging during his news conference on monday claiming he's already gone a long way toward closing the budget gap. joining us now to fact check some of his statements, stephen hayes, a senior writer for the weekly standard and a fox news contributor, douglas holtz-eakin is now president of the american action forum. just as a general rule, steven, when you heard the president speaking in that news conference, was he generally being honest with the american people about the state of our finances? >> well, i would say there were some things he said that were true, some things that he said that were, i think, misleading. importantly, he didn't put into proper context the discussion that we're having nationally about the debt ceiling and about the state of our finances more broadly. if you look at where we are, more than $16 trillion in debt, the president is right when he says tha
deficit reduction plan. understand that fitch is not just looking for an 11th hour debt ceiling deal that sets the table for another mini crisis down the road. the federal government hit the debt limit as you know on december 31st. the treasury is using so-called extraordinary measures to pay its bills through mid-february or early march. now, fitch predicts washington will extend the debt ceiling despite the current war of words between president obama and republicans in congress. what happens if we get downgraded? it happened before. remember 2011, when standard & poor's did it. that hit markets and the wider economy hard, but it didn't cause interest rates to increase. this time could be different, however, because the rest of the world is getting its act together. even successful businesses like ford are worried. here's what ceo alan mulally told me today. >> i think the most important thing to your point is that we come together around a solution that allows us to live within our means, to reduce our budget deficits, and also to deal with our trade deficits, and create an enviro
Search Results 0 to 3 of about 4 (some duplicates have been removed)